Why is Go Digit General falling/rising?

As of 07-Jul, Go Digit General Insurance Ltd is experiencing a decline in its stock price, currently at Rs 332.80, which reflects a decrease of Rs 5.2 or 1.54%. The stock has underperformed its sector today, continuing a downward trend with a consecutive fall over the last two days, resulting in a total decline of 2.1%. Additionally, the stock has shown negative returns over the past week and month, with declines of 7.01% and 5.33%, respectively. Despite these short-term challenges, the company has demonstrated strong long-term fundamentals, including a significant 50.90% compound annual growth rate (CAGR) in operating profits and a healthy annual growth rate of 34.60% in net sales. The positive results over the last four consecutive quarters, along with high institutional holdings that have increased by 1.47%, suggest that there is confidence in the company's long-term prospects.
In the broader market context, the stock's recent performance contrasts sharply with the benchmark Sensex, which has seen a slight decline of only 0.20% over the past week and a gain of 1.53% over the past month. This underperformance indicates that investor sentiment towards Go Digit General is currently weaker compared to the overall market. The falling investor participation, evidenced by a significant drop in delivery volume, further highlights the challenges the stock is facing in attracting interest from traders. While the company's fundamentals remain strong, the recent price movements and market dynamics suggest a cautious outlook in the short term.